Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Share Price Breaks Above 50-Day Moving Average – Here’s Why

Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX – Get Free Report) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $36.24 and traded as high as $39.33. Defiance Daily Target 2X Long AVGO ETF shares last traded at $38.23, with a volume of 935,530 shares.

Defiance Daily Target 2X Long AVGO ETF Price Performance

The business’s 50-day moving average price is $36.24 and its two-hundred day moving average price is $45.46.

About Defiance Daily Target 2X Long AVGO ETF

(Get Free Report)

The Defiance Daily Target 2X Long AVGO ETF (AVGX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Broadcom Inc. (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.

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